Southern Province Cement Co releases its 2023 financial results
Southern Province Cement Co , based in Saudi Arabia, has announced its financial results for the period ended 31 December 2023. The company recorded a drop in revenues of 12.4 p...
Middle East
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Misr Cement becomes an exclusive agent for MAN in south Upper Egypt
Misr Cement Maintenance has collaborated with Kastour Egypt for Trade and Industry, the exclusive agent of the International German truck brand MAN along with other brands. The ...
Eastern Province Cement net profit up 39%
Saudi Arabia-based Eastern Province Cement Co reported a 38.5 per cent advance in net profit to SAR198m (US$52.8m) in 2023 when compared with SAR143m in 2022. The company’s sale...
Oman Cement Co envisages a series of upgrade plans
Oman Cement ’s decision to set up a new cement plant at Duqm with a capacity of 5000tpd clinker remains under consideration. Simultaneously, the company is upgrading its capacit...
Kuwait Cement Co invests in RDF plant
In collaboration with the Kuwait Finance Ministry, the Kuwait Cement Co (KCC) has signed a 20-year agreement for the establishment of a refuse-derived fuel (RDF) plant at a wast...
Northern Region Cement sells share in Al-Kubaisa plant
Northern Region Cement Co has announced the sale of its 50 per cent stake in Cement Experts Co for Development and Investment to UAE-based AMP Global Trading. According to The P...
Iranian cement consumption up 30% in January
Iran’s cement market expanded 30.4 per cent YoY to 5.27Mt in January 2024 from 4.04Mt in January 2023, according to the Iranian cement association. Domestic cement producers man...
City Cement predicts 8% cost increase
City Cement has said that its total costs are expected to advance by eight per cent following the increase in the price of fuel products used in cement products that was announc...
KREISEL to supply Saudi Arabian project
A leading Chinese EPC provider has ordered KREISEL to supply three high-pressure rotary valves size 700x700 with Ultra-Carbide®-protection for a cement producer in Saudi Arabia....
Arabian Cement to penalise CNBM on Rabigh project
Arabian Cement Co has confirmed that it will impose a delay damage penalty of five per cent on CNBM International Engineering Co for the Saudi cement producer’s new mills at its...